Property Review

Serena @ Bukit Bandaraya, Shah Alam. Move-in Ready, with sizes of 50’ x 74’

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Shah Alam, Selangor

Type

Landed House

Price

RM758k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM758,000 for a 50' x 74' landed house, the pricing is competitive for Shah Alam's mid-range market, though without tenure specifications or detailed specifications, true value assessment is constrained; move-in ready status adds immediate occupancy advantage.
  • **Location & Connectivity**: Shah Alam offers established infrastructure and amenities, but the absence of nearby MRT connectivity limits public transportation options and may reduce long-term appeal compared to developments along the Klang Valley's rapid transit corridors.
  • **Risk & Timing**: Move-in ready status eliminates construction delays, though the lack of specified tenure type (freehold vs. leasehold) and absence of completion/launch details create ambiguity regarding ownership rights and developer credibility; recommend clarifying these fundamentals before commitment.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 38% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM758,000
Selangor MedianRM550,000
Priced 38% above area median

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,400–3,300

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

6.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Move-in ready landed house at attractive RM758,000 price point
  • Strategic Shah Alam location with excellent connectivity options
  • 50x74 plot size ideal for growing families
  • Established Bukit Bandaraya neighbourhood offers proven investment potential
  • Immediate occupancy eliminates waiting period for homeowners

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.